ENERGEIA

It’s 2014! How about that “Hope And Change” from Obama and his wonderful team? How is the Affordable Care Act treating you?

Just how amazing is this new law? Forbes is saying that individual premium rates will increase by almost 100%. 

In Tennessee the rates appear to be going up even more than that.

In Alabama many residents are receiving notices that their insurance premiums will soon double.

Here’s a descriptive excerpt about how a single mother of 4 is being affected in the Alabama story:

Stay-at-home mother of four, Courtney Long, was shocked when she received a notice from Blue Cross Blue Shield of Alabama stating that come January her family’s individual health insurance policy premium would increase from $352 per month to $796.

“It’s devastating. I started crying,” said Long. “I mean, we have worked so hard to get out of credit card debt, get ahead on the car loan, transfer our mortgage to a 15 from a 30 year mortgage… and for what?”

Long’s story is not unique. Many have received this same letter – alerting them their premiums were set to double (anywhere from $290/mo-$599/mo up to $603/mo-$1060/mo). That’s quite a jump! So, the “Affordable Care Act” is affordable for whom?

I am interested in hearing from people both for and against the Affordable Care Act.

Charles Krauthammer says that Obamacare is a massive transfer of wealth from the Young to the Old in our nation. Here’s why.

Let me know — how is the Affordable Care Act affecting you?